The Bureau of Historic Losses · Counterfactual Division
What if you'd bought Nvidia in 2020?
The AI rocket's launch pad. From roughly here, the chart simply refused to come back down.
$100 on 2020-01-02, worth today
US$3,441
As of 2026-06-12, $100 of Nvidia bought at 2020's open (US$5.96) is worth US$3,441 — 34.4×.
total return · dividends reinvested · USD
How much would $100 of Nvidia bought in 2020 be worth today?
| You'd have put in | You'd have now | Multiple |
|---|---|---|
| US$100 | US$3,441 | 34.4× |
| US$1,000 | US$34,406 | 34.4× |
| US$10,000 | US$344,059 | 34.4× |
Lump sum on the year's first trading day, total return (dividends reinvested, splits adjusted), valued at the latest close. Past performance isn't a promise — it's a taunt.
What did Nvidia do in 2020?
Opened
US$5.96
2020-01-02
Peaked
US$14.50
2020-11-06
Bottomed
US$4.89
2020-03-16
Closed
US$13.00
2020-12-31
Levels are dividend-adjusted, so historical figures look lower than the headline price of the day — that's the total-return lens, and it's the honest one.
Would steady buying have beaten going all in?
US$33,700 deployed as $100 a week from 2020-01-02, under four temperaments — same money, different nerves.
| All in on day one | US$1.2M |
| Steady weekly buys | US$296,177 |
| Sold dips, rebought rallies | US$106,685 |
| Traded it perfectly | US$783,225 |
“Traded it perfectly” requires knowing the future. Nobody knew the future.
The same $1,000, elsewhere
$1,000 at 2020's open, each valued at the latest close. Hindsight remains undefeated.
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